Big Cable, Phone Providers Added 3 Million Net Broadband Subscribers in 2014, LRG Says

The 17 largest U.S. cable and phone providers added 3 million net broadband subscribers in 2014, Leichtman Research Group (LRG) said in a news release Thursday. Cable companies have 51.9 million broadband subscribers and phone companies have 35.4 million, it said. AT&T's U-verse and Verizon's FiOS broadband subscribers make up 53 percent of telco broadband subscribers, up from 37 percent at the end of 2012, LRG said. In 2014, the top cable companies added 2.65 million broadband subscribers and the top phone companies added about 345,000 subscribers, LRG said. In 2014, the top cable companies saw 2.3 million more net additions than phone companies did, compared with 1.7 million net adds in 2013, it said.